Procurement basics purchasing process procurement cycle ppt presentation

Description:

The image presents a slide titled "Procurement Basics- Purchasing Process- Procurement..." which outlines a sequential process involved in procurement. The process steps highlighted in the image are:

1. Determining a need: 

Recognizing the requirement for goods or services.

2. Communicating the need: 

Discussing and documenting the specific requirements.

3. Reviewing the need: 

Evaluating the necessity for accuracy and completeness.

4. Selecting a supplier: 

Searching for and choosing a capable vendor.

5. Conducting bidding and/or negotiation: 

Managing the procurement process through bids or negotiations to achieve favorable terms.

6. Finding potential supplier: 

Identifying suitable vendors who can supply the required goods or services.

7. Formalizing the commission: 

Finalizing the details and signing the contract or purchase agreement.

8. Closing out the transaction: 

Completing the procurement process, including payment and receipt of goods or services.

9. Following up: 

Ensuring that the goods or services meet the expected standards and performance.

Use Cases:

Different industries that may apply this template for educational or procedural presentations include:

1. Manufacturing:

Use: Training on supplier selection and procurement workflow

Presenter: Supply Chain Manager

Audience: Procurement Team

2. Information Technology:

Use: Illustrating procurement process for IT services and products

Presenter: IT Procurement Specialist

Audience: IT Department Staff

3. Healthcare:

Use: Explaining procurement of medical supplies and equipment

Presenter: Healthcare Procurement Officer

Audience: Hospital Administration

4. Education:

Use: Instruction on procurement policies for educational institutions

Presenter: Chief Financial Officer

Audience: Administrative Staff

5. Construction:

Use: Process outline for sourcing construction materials

Presenter: Procurement & Supply Chain Director

Audience: Site Managers and Contractors

6. Retail:

Use: Strategies for vendor management and merchandise procurement

Presenter: Retail Buyer

Audience: Merchandising and Inventory Teams

7. Government:

Use: Guidelines on government procurement and tender processes

Presenter: Government Procurement Officer

Audience: Public Sector Procurement Teams